SAN FRANCISCO, CA--(Marketwired - Jul 9, 2013) - Vista Partners ("Vista") announced today that it published its FREE Macroeconomic & Investment Monthly Newsletter for the month of July. Each monthly newsletter from Vista contains macroeconomic thoughts from Principal Analyst, Ross Silver, investment considerations, monthly highlights of each covered company and other broad based commentary.
In the July 2013 Macroeconomic & Investment Newsletter, Mr. Silver states, "The Fed has consistently informed the market that its policy rate -- Fed Funds at 25 basis points -- will stay there for a substantial period of time even after the end of QE. My belief is that the Fed Funds (the rate the Fed lends to banks) will not increase until at least the end of 2015 which assumes the economy is strong and producing 2%+ annual inflation at that time." Mr. Silver continues, "Bill Gross who manages funds at PIMCO, the PIMCO Total Return fund is the world's largest mutual fund, states in the PIMCO July newsletter, 'Right now, Fed Funds futures markets are predicting a 75 basis point yield in 2015, and Eurodollars validating a similar conclusion. That would suggest a mispricing, despite the obvious caveat of professional observers that some of the 75 is a surcharge for potential volatility. In any case, if frontend curves are up to 50 basis points cheap, then intermediate curves -- the 10-year Treasury -- may be as much as 35 basis points too cheap. They belong, in my opinion, at 2.20% instead of 2.55%.'" Mr. Silver concludes, "Loosely translated, yields seem to be getting ahead of themselves and those of you short treasuries may want to tread cautiously."
Mr. Silver notes in the July Newsletter that Power Solutions International Inc. (
To read more, please download the FREE July 2013 Macroeconomic & Investment Newsletter available at http://www.vistapglobal.com and click "Download Research & Newsletter" to gain access.
The Companies featured in the FREE July 2013 Newsletter are: Acorn Energy, Inc., Mast Therapeutics, Inc., Algae.Tec Limited, Auxilio Inc., Digital Cinema Destinations Corporation (
About Vista Partners:
Vista Partners LLC, founded in 2005, is a Registered Investment Advisor in the States of California and Oregon. The firm's professional staff has backgrounds in finance, corporate communications and investment banking. Vista focuses on investing in and providing investment considerations on publicly traded companies through a platform of stock research reports, newsletters, company specific webpages and daily commentary. The platform of products is meant to serve as potential tools for investors to learn about investment considerations. It is Vista's mission to provide investors with tools that may enable them to make profitable investment decisions with the goal to deliver investment considerations that outperform small, mid and large cap equity indexes.
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